Sep 21, 2017 • Carriers

Highest Paying Truck Loads

Find the highest paying truck loads to maximize your trucking company’s earning potential.

Highest Paying Truck Loads

Hauling the highest paying truck loads is essential to running a successful trucking company. Truck freight rates are based on the current market, therefore there is a week-to-week fluctuation of what a truck load is paying.

Using Free Load Boards

Free load boards like Truckloads provide a marketplace where owner-operators and carriers with trucking authority can search for loads that have been posted by freight brokers. Ideally, you will want to use a load board that has a mobile application as well. This way you can find truck loads anytime and limit those empty miles.

Imagine sitting at the dock waiting to get unloaded for hours (we know you’ve all been there) and you have over 1,000 miles to travel back home with no load. Wouldn’t it be great if you could find a truck load to haul on your way back and earn a little more?

Well, with an app like Truckloads now you can. Don’t believe us? Just ask one of the 150,000 carriers who use the app and rated it the highest-rated mobile load board on Google Play and the App Store!

Finding Truck loads – Location, Location, Location

We all know that it’s all about location in real estate and it’s no different for finding truck loads. The location of a truck load plays a crucial role in determining how high the truck load will pay and often times, it may not be nearby.

You might have to be willing to increase your deadhead miles in order to find the highest paying truck load. If you have a reefer truck, you can find the best reefer truck loads by focusing your search for locations where there are heavy volumes of agriculture such as Florida, California, and Texas.

How are Truck Load Rates Calculated?

Truck load rates are calculated based on a variety of factors of the current market conditions. This includes:

Load-to-Truck Ratio in an Area
Weight and size of a truck load
Shippers willingness to pay
Type of goods being hauled
Time constraint and a variety of other factors

The truck loads posted by freight brokers are based on the amount the shipper agrees is fair to move the load. You must remember that the freight broker is paid based on his or her ability to profit from the price agreed with the shipper and the price agreed to the carrier. Therefore, there is ample opportunity to negotiate for a higher truck load rate, especially when the conditions of the market are in your favor.

What is the Highest Paying Truck Load?

On average, flatbed loads have the highest rates. Flatbed trucks are used as truck freight for construction goods, large manufactured parts, and various oversized loads. Due to the sheer size and value of such parts, shippers are willing to pay a bit more to ensure the freight is delivered without a scratch. (This isn’t always the case but is based on typical averages).

An oversized load is any truck freight that is over 8.5 feet wide. This type of truck freight requires red flags and lights to help identify the oversized truck freight on the road.

Truckloads Load Board Offers:

Mobile app and web versions
Over 3 million monthly truck loads
New loads posted every 60 seconds
Truck loads for 11 different equipment types
Custom searches by location, deadhead, and date
Unlimited access to premium loads
View a freight broker’s credit score and days to pay
100% Free to use and book truck loads!

[button text=”Try Truckloads for Free” href=”https://truckerpath.com/truckloads/free-load-board/?utm_source=Blog&utm_medium=truckfreight&utm_campaign=Aug10″ width=”250px”]

TagsTruckloads

Mar 16, 2021 • Community

Jan 08, 2021 • Carriers

How Do Freight Brokers Find Shippers [p] Freight brokers need to find shippers in order to connect them with carriers and move freight. How do freight brokers find shippers is an age-old question and one new freight brokers need answers too. Here are seven ways how freight brokers find shippers.[/p] [h2] How Do Freight Brokers Find Shippers? [/h2] [p]For freight brokers to find shippers, it's important to understand consumer products. Who manufactures them? Where do they come from? How many products do they sell? These are the sort of questions you need to target to know how freight brokers find shippers.[/p] [h2] 1. The Leads Surround You [/h2] [p]Look around you, regardless of where you are the things you see were most likely freight hauled and delivered by trucks, after all, over 70 percent of all freight in America moves by truck. Furniture, office equipment, consumer electronics, clothes, they are all types of freight that shippers need to be hauled from one point to another. As a freight broker, you can find shippers by doing research on the products you see every day to find out where they are manufactured and how they are transported. [/p] [giphy] <iframe src="https://giphy.com/embed/xT39CYwjsPWvIfw6UE" width="480" height="270" frameBorder="0" class="giphy-embed" allowFullScreen></iframe>[/giphy] [h2] 2. Review Your Purchase History and Compare [/h2] [p] Drawing a blank or feeling helpless in finding shippers? Reviewing your own purchases can be a great starting place. Whether it's the receipts from the store or your online Amazon order history, the products you purchase are manufactured and transported from somewhere. [/p] [p]As a freight broker looking to find shippers, you have to get creative at times and go beyond the normal trains of thought. Understand how companies are connected and if one lead doesn't pan out or isn't a viable option, don't give up, there are seemingly endless possibilities. [/p] [h2] 3. Look at the Competition [/h2] [p] Every product that is moved by freight has competitors, it's a natural occurrence and a driving force of the capitalist economy. Take a large company like John Deere. They proudly manufacture varieties of tractors with manufacturing plants in Iowa, Wisconsin, and Georgia. [/p] [p]Despite being a Fortune 500 company and having a tremendous market share, John Deere has a lot of competition in the tractor industry. Using a tool like <a href="http://financials.morningstar.com/competitors/industry-peer.action?t=DE&region=usa&culture=en-US">MorningStar Financial </a> you can get insight into who's its competitors are by clicking on the industry peers tab. Freight brokers can do this search for any publically traded company.[/p] [h2] 4. Use MacRae's Blue Book and Other Shippers Lists [/h2] [p] <a href="http://www.macraesbluebook.com/menu/product_heading.cfm?groupid=2533">MacRae's Blue Book</a> is an industrial directory that provides detailed information about manufacturing companies. You can search through companies based on the types of products they manufacture and the detailed information about a company will even include freight rate estimates for you to compare. [/p] [p] Other manufacturing lists such as <a href="https://truckerpath.com/uploads/2017/08/Top-500-Manufacturing-Companies-USA.pdf">The Industry Week 500</a> are great guides to help freight brokers find shippers. Companies such as Boeing and General Electric have a tremendous amount of supplies both in receiving and shipping of freight. Use the list as a starting point to help you find suppliers for these companies. [/p] [p] Ever wonder how many parts are required for Boeing to build one of its 737 planes? 367,000 parts. Suppliers of those parts are sourced from all over the nation (even world) and are often times small to medium sized businesses that may not have the resources to handle their own freight. This is where freight brokers can use the magic of Google to find shippers. [/p] [p] Search <a href="http://www.airframer.com/aircraft_detail.html?model=B737">"Boeing 737 Suppliers" </a> and boom, a full list of the suppliers for the aircraft including company details and contact information. [/p] [h2] 5. Livestock, Produce and the USDA [/h2] [p]Produce is shipped across the country to satisfy consumer demand. Who doesn't love guacamole even in the winter time just in time for the big game right? Produce locations vary based on the season, though you can conclude that Florida has fruits, Texas has avocados, the Midwest has corn and the Pacific Northwestern has apples. [/p] [p] You can use the <a href="https://www.ams.usda.gov/services/business-listings">USDA business listings</a> to locate farmers that grow crops or raise cattle, poultry, and other livestock and contact them as well.[/p] [h2] 6. Satellite View of Company Buildings [/h2] [p] Continuing to rely on Google and being imaginative in your searches to find shippers, freight brokers can use Google Maps satellite and street views of a building to see if it has shipping and receiving docks. You can spend hours just going street by street in industrial areas, verifying if a location has docks. From there you can do research the company to find out what they do and find out how they ship freight. [/p] [h2] 7. Cold Calling Shippers [/h2] [p] Yes, cold calling is still alive and well. Once you find a shipper you will need to contact them in order to gauge their potential interest in using a freight broker. It's easy to send a quick email but the chances of getting a response are quite low. The best way to connect with shippers is by calling them directly and be straight-forward in your dialogue. [/p] [p] A sales pitch isn't necessary and can be off-putting, but you should describe who you work for, company background or achievements, where you're looking to move freight through and see how you can be of assistance. Remember, you are there to provide them a service so it's imperative that you listen to their needs and how you might be able to address their pain points.[/p] [p]You'll need to understand how the shipper currently transports freight and see if there is an opportunity you can capitalize on. Undoubtedly, a significant portion of shippers will turn you down, but it's a numbers game and you'll never know if you have potential clients or not until you call.[/p] [h2] Relationships, Trust and Load Boards [/h2] [p] Finding shippers is only one aspect of the journey to be a successful freight broker. You'll need to cultivate relationships and build a reputation for being dependable when servicing your shipping clients. To do this you will need to rely on load boards like <strong>Truckloads</strong> with over 100,000 qualified carriers that you can connect with to haul freight for the shipper. [/p] [p]As a freight broker you'll also want to develop a rapport with carriers, especially the qualified ones. Once you use a carrier to move freight that you trust and have a good working relationship with, continue to use them and provide them with the opportunities they desire to maintain the relationship. [/p] [video id=snyBYpnuhWw] [button text="Try Truckloads for Free" href="https://ship.truckerpath.com/signup?utm_source=blog&utm_medium=findshippers&utm_campaign=Aug16" width="250px"]

Aug 16, 2017 • Brokers